Moschip Technologies shares rally 48% in six sessions amid India's semiconductor push
The shares of Moschip Technologies have experienced a remarkable surge, rallying approximately 48 percent in just six sessions. On September 5, the stock soared nearly 10 percent, reaching a new 52-week high of Rs 244.79 per share.
As an India-based semiconductor and system design services company, Moschip Technologies has benefited from India's initiatives to design and manufacture semiconductor chips. Currently, the shares boast a P/E ratio of 217.60.
The significant increase in share price is accompanied by heavy trading volumes. By 12:30 PM, around 255 lakh shares worth approximately Rs 608 crore had changed hands, according to data from the NSE.
As of June 30, promoters and promoter groups held a 44.28 percent stake in the company, while the general public held a 55.62 percent stake, as outlined in the company’s shareholding pattern available on the NSE.
In its latest financial update, Moschip Technologies reported a consolidated net profit of Rs 10.9 crore for the first quarter of the financial year 2026, marking a staggering 174 percent increase from the Rs 3.98 crore net profit recorded in the same quarter of the previous financial year.